GO
Loading...

Vermont

More

  • ALBANY, N.Y., Dec 17- When Governor Andrew Cuomo announced a ban on fracking in New York on Wednesday, he predicted "a ton of lawsuits" against the state. Six years ago, before the start of a lengthy New York moratorium on hydraulic fracturing of natural gas, the governor might have been right. Chesapeake Energy, once one of the biggest leaseholders in New York, last year...

  • Governor abandons single-payer health care plan Wednesday, 17 Dec 2014 | 2:49 PM ET

    MONTPELIER, Vt.— Calling it the biggest disappointment of his career, Gov. Peter Shumlin said Wednesday he was abandoning plans to make Vermont the first state in the country with a universal, publicly funded health care system. "I am not going undermine the hope of achieving critically important health care reforms for this state by pushing prematurely for...

  • Town, company reach agreement on value of dam Wednesday, 17 Dec 2014 | 8:24 AM ET

    VERNON, Vt.— After several years of disagreeing, a Vermont town and energy giant TransCanada have reached an agreement on the value of a hydroelectric dam: $30.5 million. The state and the town had appraised the Vernon dam at nearly $40 million; TransCanada said it was worth just under $21 million. The settlement in the long-running dispute says the town will not be...

  • *Moscow stocks plunge; crude trades below $60 a barrel. Three retail trading platforms halted trading in rubles, citing growing signs of stress among the banks that underpin that trade, as speculation mounted that Moscow will impose capital controls within the next few days. "If you have a deeply mono-export culture which is linked to oil, then the consequences of...

  • *Moscow stocks plunge, crude trades below $60 a barrel. Three retail trading platforms halted trading in rubles, citing growing signs of stress among the banks that underpin that trade, as speculation mounted that Moscow will impose capital controls within the next few days. "If you have a deeply mono-export culture which is linked to oil, then the consequences of...

  • *Moscow stocks plunge, crude trades below $60 a barrel. "If you have a deeply mono-export culture which is linked to oil, then the consequences of much-lower oil prices are quite unfortunate," said Sebastien Galy, senior foreign exchange analyst at Societe Generale in New York. Brent crude trimmed losses to trade just below $60 a barrel after breaking through that...

  • Hemp gets boost in federal spending bill Tuesday, 16 Dec 2014 | 2:44 PM ET

    LOUISVILLE, Ky.— Michael Lewis felt some anxiety when he stepped forward as one of Kentucky's first farmers to test the potential of hemp production, but some recent action by Congress has helped set his mind at ease. The latest federal farm bill allows states to designate hemp projects for research and development. And now, the $1.1 trillion omnibus spending bill...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- The Dow and S&P 500 were holding onto small gains in volatile trading Tuesday afternoon, helped by a rebound in energy shares and investor bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. U.S. crude, which fell as much as 4.1 percent, was last...

  • *Moscow stock markets plunge, but U.S., Europe turn higher. Brent crude trimmed losses to trade just below $60 a barrel after breaking through that level in a plunge of more than 4 percent to plumb a July 2009 low. "There's a whole lot of things going on, from the options trade in WTI to the position squaring in Brent, that's helping oil prices get some upward traction here,"...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied and investors bet the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. "Perhaps markets think the Fed will not be as on-schedule on taking out that language," said Quincy Krosby,...

  • Powdered alcohol? Not so fast, lawmakers say Monday, 15 Dec 2014 | 5:13 PM ET

    DENVER— Powdered alcohol, touted by its inventor as an easy way to mix a drink on-the-go, hasn't even arrived in stores but states are moving to ban the product amid concern that it will increase underage drinking. Colorado is the latest state considering banning "Palcohol," marketed as an ounce of rum or vodka in powdered form. "I think being proactive and jumping out...

  • $814K offered for projects after plant closes Monday, 15 Dec 2014 | 8:07 AM ET

    BRATTLEBORO, Vt.— Five Windham County projects have been selected to receive $814,000 in grants after the Vermont Yankee nuclear power plant shuts down. Peter Shumlin said when he reviewed the 24 proposals, he found most didn't offer the "transformational new jobs and economic opportunity we were hoping for." Grants are going to the Bellows Falls Area...

  • Power outages drop to under 900 in Vermont Sunday, 14 Dec 2014 | 12:23 PM ET

    MONTPELIER, Vt.— The number of homes and businesses still without power in Vermont has dropped to just under 4,000.. By late Sunday afternoon, Green Mountain Power was reporting about 1,600 outages, with the largest concentration in Rutland County. The Vermont Electric Cooperative was reporting more than 2,200 outages, most in Chittenden County.

  • How low can gas go? Low, high prices by state Friday, 12 Dec 2014 | 2:53 PM ET

    A 78- day plunge in gasoline prices that is showing no signs of slowing has dropped the national average price to $2.60 a gallon, its lowest level since December of 2009. It's saving a typical household $60 a month compared to last year around this time, enough for an extra holiday gift or two.

  • Shumlin: Time to resolve FairPoint strike, outages Friday, 12 Dec 2014 | 12:59 PM ET

    A FairPoint Communications spokeswoman and a union leader responded with a fresh round of recriminations. It came two weeks after a Nov. 28 outage in which Vermont's 911 emergency calling system was out of service for large parts of the state due to problems on FairPoint's network. Shumlin said he would urge the unions representing FairPoint workers, the...

  • Man celebrates his new 'eat more kale' trademark Friday, 12 Dec 2014 | 1:48 AM ET

    MONTPELIER, Vt.— A folk artist who became a folk hero to some after picking a fight with fast-food giant Chick-fil-A over use of the phrase "eat more kale"— similar to their trademarked "eat mor chikin"— has won his legal battle. He silk-screens the phrase on T-shirts and sweatshirts and prints it on bumper stickers that are common in Vermont and beyond.

  • NY tells insurers to cover transgender treatment Thursday, 11 Dec 2014 | 9:58 AM ET

    The Transgender Legal Defense and Education Fund said New York follows eight other states and the District of Columbia to do this. The others are California, Colorado, Connecticut, Illinois, Massachusetts, Oregon, Vermont and Washington. The fund also called on New York to remove the exclusion its Medicaid program, saying it's not subject to the new guidance.

  • Attorney Preet Bharara's Wall Street crackdown. The 2nd U.S. Circuit Court of Appeals in New York said prosecutors presented insufficient evidence to convict Todd Newman, a former portfolio manager at Diamondback Capital Management, and Anthony Chiasson, co-founder of Level Global Investors. That establishes a tougher standard that could make future...

  • National Grid joins proposal for cable in Maine Wednesday, 10 Dec 2014 | 6:51 AM ET

    PORTLAND, Maine— Utility giant National Grid is partnering with a company that specializes in underwater cable projects in an alliance seeking to build a 300- mile cable to bring Canadian hydropower and Maine wind power to Greater Boston to help meet the energy needs of power-hungry southern New England, the companies announced Tuesday.

  • Obama announces $1B for early childhood education Wednesday, 10 Dec 2014 | 6:09 AM ET

    WASHINGTON— Declaring early childhood education "one of the best investments we can make," President Barack Obama on Wednesday followed up on a promise to expand early education opportunities for tens of thousands of children by announcing $1 billion in public-private spending on programs for young learners. He said the investments announced at a daylong...